By Grover Norquist

President Barack Obama and the Democratic Congress enacted $352 billion in net tax hikes. Most were permanent, while most tax cuts were temporary.

There were seven dollars of permanent tax hikes for every dollar of permanent tax cuts.

Gross Tax Cuts Enacted Gross Tax Hikes Enacted
1. S-CHIP (H.R. 2)


No tax relief

S-CHIP Subtotal: $0

2. “Stimulus” (H.R. 1)

Making Work Pay: $79 billion
Education Tax Cuts: $10 billion
First Time Homebuyer: $4.7 billion
Unemployment Exclusion $4.7 billion
Car Sales Tax Deduction $1.7 billion
AMT Patch $69.8 billion
Energy Tax Cuts $20 billion
Business Tax Cuts $6.2 billion
Manufacturing Bonds $1.9 billion
Shovel Ready $19.6 billion

“Stimulus” Subtotal: $217.6 billion
Total “Stimulus” spending: $581 billion

3. Obamacare (H.R. 3590/H.R. 4872)

Exchange Credit: $107 billion
Small Business Credit: $37 billion

Obamacare Subtotal: $144 billion

4. Small Business (H.R. 5297)

Small business expensing: $7.6 billion
Small business tax simplification: $2.4 billion
Other small business tax cuts: $2 billion

Small Business Subtotal: $12 billion
1. S-CHIP (H.R. 2)


Tobacco tax hike: $65.5 billion

S-CHIP Tax Hike Subtotal: $65.5 billion

2. “Stimulus” (H.R. 1)


No tax hikes

“Stimulus” Tax Hike Subtotal: $0

3. Obamacare (H.R. 3590/H.R. 4872)


Individual/Employer Mandate: $65 billion
Cadillac Plan Excise Tax: $32 billion
Interactive Effects: $46 billion
HSA/FSA Taxes: $19.4 billion
Reinsurance/Risk Adj: $106 billion
Small Biz Paperwork Tax: $17.1 billion
Medical Itemized Ded. Tax: $15.2 billion
Medicare/Investment Tax: $210.2 billion
Tanning Salon Tax: $2.7 billion
Excise Taxes and Fees: $112.6 billion
Economic Substance/Misc. $26 billion

Obamacare Tax Hike Subtotal: $652.2 billion

4. Small Business (H.R. 5297)


Homeowner Paperwork Tax: $2.5 billion
“Tax Gap”: $5.5 billion
*N.B. some other “tax hikes” were accidental effects of long-term tax relief and not scored

Small Business Tax Hike Subtotal: $8 billion

Total Gross Tax Cuts: $373.6 billion
(only $107.6 of this amount is permanent)
Total Gross Tax Hikes: $725.7 billion
(the full amount — $725.7 billion, is permanent)

Total Net Tax Hikes This Congress: $352 Billion

Views: 32

Reply to This

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted a blog post

What was Project Red Sun and Did it Really Happen?

In 1972 after a string of successful Apollo Missions with the exception of one mishap that ended in…See More
6 hours ago
Doc Vega posted a photo
yesterday
Doc Vega posted blog posts
yesterday
Doc Vega posted a blog post

How they Planned the Destruction of America (And Nearly Succeeded)

In 2020 The Democrats went on a major offensive. Prevent Donald Trump from taking office, continue…See More
Tuesday
Doc Vega posted blog posts
Sunday
Doc Vega posted a photo
Sunday
Sandy posted a photo
Sunday
tjdavis posted a video

It's Over. The Tool Bans Just Arrived!

First tool ban is here! A new law was just signed in New York that requires blueprint blocking technology on every CNC machine, laser cutter, lathe and 3D pr...
Sunday
tjdavis posted photos
Sunday
Doc Vega posted a blog post

Angry Old Man James Carville Warns of More to Come?

 A new type of signaling is brewing among the left and disenfranchised Democrats who have refused…See More
Saturday
Doc Vega posted photos
May 29
Sandy posted photos
May 29
Sandy posted videos
May 29
Doc Vega posted blog posts
May 29
Doc Vega posted photos
May 28
tjdavis posted a video
May 28
Doc Vega commented on Doc Vega's blog post What is Consciousness and Does it Have to be In a Certain Body?
"FREEDOMROX there are a lot of conversations going on between theologians and scientists about what…"
May 28
Doc Vega commented on Doc Vega's blog post What is Consciousness and Does it Have to be In a Certain Body?
"cheeki kea Yes I believe that there are those who have a sympathetic awareness toward whales and…"
May 28
tjdavis posted photos
May 28
tjdavis favorited Doc Vega's photo
May 28

© 2026   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted